AirZim identifies possible airline partners

Dino D'Amore
By Dino D'Amore May 20, 2016 13:59

AirZim identifies possible airline partners

The Zimbabwean Government has identified 12 airlines as possible strategic partners for Air Zimbabwe. Any new partner would have the same shareholding in the airline as the government and in this case the 51:49 indigenisation threshold would not apply.

Transport and Infrastructure Development minister Jorum Gumbo said: “Whoever is going to come, will come at par with Air Zimbabwe. Indigenisation is not applying here, there are areas reserved for us and the 51% will apply, but in other areas.
The airline is suffering from increase competition and badly needs to upgrade its fleet. The government is also working on upgrading airports to accommodate larger aircraft.

Dino D'Amore
By Dino D'Amore May 20, 2016 13:59